Why has my overnight short been covered?

On rare occasions, a clearing firm may have difficulty maintaining a borrowed stock.

In this scenario the broker will try to obtain a new locate before the open to maintain the position. If the broker is unsuccessful, the clearing firm transacts a buy-in to cover the stock held short.

This is an industry wide practice in which none of the parties concerned have any control over. In this regard, TradeZero accepts no liability for such occurrences.

Please visit https://www.investopedia.com/terms/b/buyin.asp